News broke this week that billionaire Ron Perelman committed $75 million to financing the World Trade Center’s Performing Arts Center, which will provide the complex with a much-needed cultural amenity. But with 175 Greenwich (3 World Trade Center) nearly complete and the remaining puzzle pieces now falling into place, it is YIMBY’s opinion that it is also time to reconsider the design changes proposed for 2 World Trade Center. With Fox failing to commit to BIG’s proposal for the site, it makes much more sense to return to Norman Foster’s far more attractive design for the tower, which was shelved last year.
The New York City Taxi & Limousine Commission, with the Department of Design and Construction, is planning to rebuild their facility currently located at 24-55 Brooklyn Queens Expressway West, in northern Woodside. The plans call for renovating and expanding the existing single-story facility into a two-story structure, with the inspection garage on the ground floor and offices on the second, DNAinfo reported. The redeveloped building will also feature a parking garage, indoor and outdoor common areas, and green infrastructure. The current facility is in dire need of repairs because part of it was built on unstable ground. TEN Arquitectos is responsible for the design, and the city’s Public Design Commission is required to approve the project. Construction is tentatively scheduled to begin in August 2017, with completion in 2019.
The vacant, 12-story former manufacturing building at 3 East 28th Street, in NoMad, is now receiving a $20 million gut-renovation. The 61,325-square-foot structure is being upgraded and modernized to accommodate office and retail tenants, Commercial Observer first reported, and YIMBY has renderings of the project.
Metropolitan Realty Associates and TIAA are in contract to acquire the four-story, 342,000-square-foot industrial property at 47-25 34th Street, located on the corner of 48th Avenue in the Dutch Kills section of Long Island City. The property is being sold for $90 million, according to Crain’s. The eventual new owners plan to convert the building into modern office space to the tune of more than $10 million. The property is currently 55 percent vacant, with the occupied portion is being utilized as warehouse and showroom space. The sale comes two years after Brickman acquired the building for $60 million. Future office tenants will be located two blocks from the 33rd Street stop on the 7 train.
Flushing-based property owner Tar Wook Chang, doing business as an anonymous LLC, has filed applications for a two-story, three-unit mixed-use building at 162-17 46th Avenue, in East Flushing. The structure will measure 10,824 square feet. It will contain 3,150 square feet of office space on the ground floor, followed by three residential units on the second floor. The apartments should average 1,050 square feet apiece, indicative of family-sized configurations. There will also be a billiard parlor in the cellar level, storage space, and three off-street parking spots. Iljoong Kim’s Flushing-based Choi Design is the architect of record. The 6,000-square-foot site, located on the corner of 163rd Street, is currently occupied by a two-and-a-half-story wood-framed structure. The Long Island Rail Road’s Broadway station is located five blocks to the north.